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Ways Food and Beverage can Build Resilience with Supply Chain Optimization Software

Logility

From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. Otherwise, inventory positions can become misaligned, leading to suboptimal revenue generation and needless waste. The time is ripe to move forward with supply chain transformation.

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Five Capabilities to Take the Food and Beverage Supply Chain to the Next Level

Logility

Food and beverage supply chains face mounting pressure to reduce costs, add more value and do more with fewer resources. Food and beverage companies run on razor-thin margins. 2) Multi-Echelon Inventory Optimization (MEIO). Location-by-location and type-by-type inventory optimization produces sub-optimal results.

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Six Must Have Supply Chain Capabilities for Success in the Food and Beverage Industry

Logility

Last week we shared five capabilities to help take the Food & Beverage supply chain to the next level. Accurate forecasts help minimize inventory, maximize production efficiency, streamline purchasing, optimize distribution and ensure confidence in company projections. Advanced Inventory Management.

Beverage 100
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16 Cost Reduction Strategies in Inventory Management

Unleashed

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

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The Perfect Procurement Plan: Why Visibility Into the Supply Chain Is Important

Turvo

With all the volatility that still lingers in the modern supply chain, the need for high-quality data analysis, solid procurement planning, good profit margins , and streamlined scheduling systems all remain crucial for shipping and transportation providers. Why Poor Visibility in Grocery Procurement Plans Lead to Big Issues.

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Inna Kuznetsova Named Recipient of 2023 Women in Supply Chain Award for Third Year Running

ToolsGroup

Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more. Food Logistics and Supply & Demand Chain Executive also operate SCN Summit and Women in Supply Chain Forum.

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Sourcing and Procurement: One but Not the Same

Precoro

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?